Meaning and Classification of Accounts, Identification of Transactions, Format of Journal Book & Recording of transactions in Journal, Preparation of Ledgers from Journal, Posting and Balancing of Ledgers

Trial Balance : Introduction, Objectives and Preparation of Trial Balance Depreciation Accounting : Meaning, Need and Causes of Depreciation,Factors affecting Depreciation, Methods of Depreciation-Straight line and written down value method Meaning of Provision & Reserve, Difference between Provisions and Reserves

Meaning, Need and Elements of Financial Statements, Grouping and Marshalling of Assets and Liabilities, Preparation of Trading Account, Profit and Loss Account and Balance Sheet Final Accounts with Adjustments : Treatment of Direct Items, Indirect Items, Incomes and Expenses, Classification of Capital and Revenue, Treatment of Items of Adjustment Appearing Outside the Trial Balance, Treatment of Items of Adjustment Appearing Inside the Trial Balance

Introduction to computerised accounting systems, creating a company, configure, features settings, creating accounting ledgers, groups, creating stock items, voucher entries, generating reports, shutting a company, application of AI in the accounting, popular accounting software and their key features

Introduction and Types of Errors, Rectification of Errors; Bank Reconciliation Statement : Introduction, Purpose and Uses of Bank Reconciliation Statement, Methods for preparing Bank Reconciliation Statement